Pixar Lays off Employees Due to the Delay of ‘The Good Dinosaur’

Pixar Animation Studios has laid off nearly 5 percent of its 1,200 person workforce due to delays on the studio’s next feature, The Good Dinosaur.

The layoffs affect close to 60 people related to the project at the studio’s Emeryville, California headquarters.

The Good Dinosaur was originally scheduled for a May 30, 2014 release date, but that was pushed back to November 25, 2015 earlier this fall. Prior to the delay of the project, Pixar removed director Bob Peterson from the project. No replacement has been named as director.

This is not the first set of layoffs to occur at the studio this year. In October Pixar closed the Pixar Vancouver Studios which resulted in the layoff of 80 employees.

The Good Dinosaur is based on the idea that an asteroid never hit Earth, meaning dinosaurs and humans live together.

With the release of The Good Dinosaur being pushed to 2015, next year will be the first time since 2005 that Pixar has not released an animated film.